State-owned Oil and Natural Gas Corp (ONGC) today reported a 21 percent drop in its June quarter net profit as oil prices slumped and its output fell.Net profit at Rs 4,233 crore in April-June was 21.14 percent lower than Rs 5,368 crore in the same period a year ago, the company said in a statement.Watch ONGC press conference where DK Sarraf, CMD of ONGC is addressing the media.
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